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Broker tips: Shire, ARM Holdings, Transport, Real estate

Tue, 21st Oct 2014 12:55

Panmure Gordon chose to reiterate its 'buy' recommendation on Shire even though the $54bn pursuit by Abbvie is now officially over, highlighting an "opportunity" for investors to pick up shares after recent falls.Analyst Savvas Neophytou said that the company's rare diseases business still remains "an attractive asset" and that Shire will have "multiple suitors". Allergan and Glaxosmithkline could be potential bidders for Shire's portfolio, he said.Liberum has kept a 'sell' rating on shares of chip designer ARM Holdings despite a "broadly in-line" third quarter, saying that future prospects are likely to be held back by a slowdown in its end-markets.While ARM said it remains on track to hit full-year forecasts and painted an upbeat picture for the fourth quarter, Liberum reiterated its negative outlook: "While licensing continues to be strong for the company, we expect royalty growth to disappoint as smartphone and tablet growth continues to slowdown."Broker Shore Capital welcomed transport group Go-Ahead's latest update but said it was keener on rival Stagecoach.Shore said it remained a firm supporter of Go-Ahead and its strategy, but it said that it believed there was better value elsewhere in the sector, given the lack of rail franchise news likely in the near term.Credit Suisse has highlighted an "attractive entry point" for potential investors of Rightmove and Zoopla, downplaying concerns about the threat to the UK estate agent portal industry from newcomer Agents' Mutual."We conclude that Agents' Mutual membership is growing, the risks are real and will impact Rightmove and Zoopla 2015 numbers, but that with the stocks down 13% and 17% respectively over the last month the risks are priced in," Credit Suisse said.
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23 Sep 2021 15:59

UK earnings, trading statements calendar - next 7 days

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21 Sep 2021 07:33

UPDATE 2-National Express in talks for all-share takeover of Stagecoach

* Stagecoach shareholders would own 25% in merged group* Potential deal would value Stagecoach at 445 mln stg* Stagecoach shares jump 20%, National Express up 7%* Companies say no certainty a formal offer will be made (Adds background, analyst comme...

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22 Jul 2021 11:06

SMALL-CAP WINNERS & LOSERS: Riverstone energy rises on ILX III exit

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22 Jul 2021 09:35

IN BRIEF: Go-Ahead hires former Deutsche Bahn exec as new CEO

IN BRIEF: Go-Ahead hires former Deutsche Bahn exec as new CEO

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22 Jul 2021 08:26

Go-Ahead appoints Christian Schreyer as CEO

(Sharecast News) - Transport operator Go-Ahead has appointed Christian Schreyer to succeed David Brown as chief executive with effect from November.

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22 Jul 2021 08:13

LONDON BRIEFING: UK government sets trading plan to cut NatWest stake

LONDON BRIEFING: UK government sets trading plan to cut NatWest stake

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22 Jul 2021 07:28

Go-Ahead names Christian Schreyer as CEO from Nov.

LONDON, July 22 (Reuters) - British transport company Go-Ahead named Christian Schreyer as its new chief executive from Nov. 5, replacing David Brown who said in May he planned to retire before the end of the year.Schreyer, 53, a German national, ...

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14 Jul 2021 00:01

British transport group Go-Ahead aims to be carbon neutral by 2045

LONDON, July 14 (Reuters) - Transport group Go-Ahead will withdraw diesel buses and further electrify its rail fleet as part of efforts to become carbon neutral by 2045, the British company said on Wednesday.The environmental plans of big carbon e...

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7 Jul 2021 19:58

IN BRIEF: LCM signs litigation financing deal in Govia Thameslink case

IN BRIEF: LCM signs litigation financing deal in Govia Thameslink case

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7 Jul 2021 12:08

Go-Ahead greets state funds for English buses as rider levels recover

Go-Ahead greets state funds for English buses as rider levels recover

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25 Jun 2021 09:31

BROKER RATINGS: Credit Suisse raises WPP; HSBC ups Aveva to Buy

BROKER RATINGS: Credit Suisse raises WPP; HSBC ups Aveva to Buy

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21 Jun 2021 11:47

Flexible train season tickets go on sale in England amid rail reform

Flexible train season tickets go on sale in England amid rail reform

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17 Jun 2021 11:29

IN BRIEF: Go-Ahead's GTR gets contract extension to March 2022

IN BRIEF: Go-Ahead's GTR gets contract extension to March 2022

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17 Jun 2021 08:44

Go-Ahead extends emergency recovery measures agreement with DfT

(Sharecast News) - Public transport operator Go-Ahead Group said on Thursday that the Department for Transport has extended Govia Thameslink Railway's emergency recovery measures agreement from its current end date of 20 September until 31 March 2022.

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